₿ Bitcoin (BTC)
1. Price & Market Dynamics
Hovering around $106–107 K, with June showing a modest +2% gain—the weakest monthly rise in almost a year .
Analysts see it consolidating between $106K–110K, awaiting a breakout above key resistance .
2. Institutional & Regulatory Momentum
Continued institutional accumulation via spot ETFs—BlackRock’s iShares Bitcoin Trust now holds about $70 B AUM .
U.S. states like Texas are forming Strategic Bitcoin Reserves, joining a national trend from Trump’s March executive order to treat BTC as a reserve asset .
3. Macro & On‑Chain Catalysts
BTC shows stability during geopolitical tension, potentially reinforcing its “digital gold” narrative .
Miner activity is easing: hashrate down $34M)—indicating a post-halving adjustment .
4. Bullish Long‑Term Outlook
Philippe Laffont (Coatue) believes btc market cap could surpass $5 T in the next 5 years .
Mudrex CEO Edul Patel highlights long-term investment and institutional acceptance as major tailwinds .
📝 TL;DR BTC: Sitting in a long-term bullish structure, backed by ETFs and macro narratives—short-term consolidation, but the long road looks upward.